1031-1033 Montana Ave - Freestanding FOR SALE


Santa Monica, CA 90403- North of Montana
$7,495,000 USD
310-899-2728
1031-1033 Montana Ave, Santa Monica, CA for Sale
$7,495,000 USD
Freestanding - FOR SALE
1/13
null | Request Cap Rate

1031-1033 Montana Ave
Santa Monica, CA 90403
North of Montana


HIGHLIGHTS

  • Heavy daytime foot traffic
  • Large display windows for maximum exposure
  • Steps from premier dining, boutique retail, and everyday amenities
  • Surrounded by high-income demographics with strong consumer spending
  • Consistent tenant demand with a strong mix of local and national brands
  • Fully Renovated in 2015

OVERVIEW

1031 – 1033 Montana Avenue presents a rare opportunity to acquire a fully leased, single-tenant NNN retail investment located along one of Montana Avenue’s most coveted corridors. The ±2,929 SF building, situated on a ±5,380 SF lot, has been fully renovated and offers exceptional street frontage, prominent visibility, and strong pedestrian traffic driven by affluent surrounding demographics. The property is 100% leased to Restore Hyper Wellness, a nationally recognized, membership-based wellness concept, under a long-term triple net lease providing stable, passive income with 3% annual increases and minimal landlord responsibilities. Positioned in the heart of Santa Monica’s premier coastal market, just moments from the beach, Palisades Park, and high-end retail and dining—this asset combines secure cash flow with long-term appreciation potential in one of Los Angeles’ most supply-constrained and desirable submarkets. • Exceptional visibility along one of Santa Monica’s most sought-after retail corridors • Large display windows for maximum exposure • Surrounded by high-income demographics with strong consumer spending • Steps from premier dining, boutique retail, and everyday amenities • Consistent tenant demand with a strong mix of local and national brands • Close proximity to Palisades Park and the beach • Easy access to Pacific Coast Highway and key Westside thoroughfares • Fully Renovated in 2015

FOR SALE DETAILS

PRICE

$7,495,000 USD

PRICE/SF

$2,559 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,380 SF

ZONING

SMC2YY

APN/PARCEL ID

4280-024-015

ASK ABOUT THIS PROPERTY

Spencer HorakLee & Associates, Los Angeles West, IncMore Info
310-899-2728

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Spencer HorakLee & Associates, Los Angeles West, IncMore Info
310-899-2728

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.